Cold storage real estate investment trust Lineage Inc. announced the pricing of its initial public offering on Tuesday, which values the company at roughly $19 billion.
The offering includes 47 million shares of common stock and a customary 30-day, 15% option (an additional 7.05 million shares) to deal underwriters. The company’s stock will be listed on the Nasdaq under the ticker “LINE.” The price range was set at $70 to $82 per share.
Net proceeds ranging from $3.4 billion to $3.9 billion...
https://www.freightwaves.com/news/lineage-ipo-could-deliver-3-9b-in-proceeds